Security

Security

A beginners guide to keeping your crypto safe

Cyber security is hardly a sexy topic, and is easy to overlook, but the last thing you want to do as a crypto investor is watch all your money disappear because you were careless about keeping it safe. The decentralised, unregulated and anonymous nature of cryptos means that it’s essentially impossible to track them down if they go missing or are stolen. There’s no central company that will reset your password for you if you forget it. There is no customer service centre to complain to when something goes wrong. And…

Security

Common crypto scams and how to avoid them

Despite all the hype and excitement, the crypto space has unfortunately become synonymous with hacks, scams and thefts. Cryptoaware.org estimates that at least $2.3 billion USD has been lost to scams and hacks in crypto since 2011 (as of August 2018). The actual number is probably even higher due to the number of attacks that go unreported every year. So why is this the case, what scams should you be aware of and how can you stop them? Why are there so many crypto scams? To understand why scamming is so rampant in…